Export Preparedness Index
The Export Preparedness Index (EPI), prepared by NITI Aayog, evaluates states’ potentials and capacities in exports. The presence of basic facilities, a conducive environment, and the reach of the exports’ footprint are some of the key factors used for the assessment. The government hopes that the detailed insights from this Index will guide all stakeholders towards strengthening the export ecosystem at both the national and sub-national levels. The EPI is expected to benefit the states and union territories to benchmark their performance against their peers and analyse the potential challenges and prospects to develop better policy mechanisms to foster export-led growth.
The over-arching goal is to help India increase its share in global trade from the present 1.7% in 2018 to at least 5% by 2030.
The Export Preparedness Index (EPI), prepared by NITI Aayog, evaluates states’ potentials and capacities in exports. The presence of basic facilities, a conducive environment, and the reach of the exports’ footprint are some of the key factors used for the assessment. The government hopes that the detailed insights from this Index will guide all stakeholders towards strengthening the export ecosystem at both the national and sub-national levels. The EPI is expected to benefit the states and union territories to benchmark their performance against their peers and analyse the potential challenges and prospects to develop better policy mechanisms to foster export-led growth.
The over-arching goal is to help India increase its share in global trade from the present 1.7% in 2018 to at least 5% by 2030.
SUBJECT Variables
OVERALL PERFORMANCE
- The all-India average score on the Export Preparedness Index (EPI) 2021 was 36.52 on a scale of 100, equating to a 36.5% performance level on the Index.
- Gujarat, with a performance level of 78.9% on the EPI 2021 demonstrates the highest potential for exports in India, closely followed by Maharashtra at a performance level of 77.1%.
- None of the performance indicators at the all-India level have achieved a performance level of more than 50% on the EPI 2021.
- In EPI 2021, 3 out of 4 key performance indicators have shown a drop in their scores.
POLICY
This pillar evaluates whether a state has introduced enabling policy measures to steer export-led growth. Further, it looks into dimensions that will shed light on the exact measures and policy mechanisms that states have adopted to enable exporters to be competitive.
TO READ THE FULL ARTICLE
Get full access to the exciting content on The Mirrority by logging in
Support independent journalism
Even the very best of media houses in our country today are yielding to the pressure of click-bait journalism in order to survive. More than ever before, our country needs journalism that is independent, fair and non-pliant to the bureaucracy. Such journalism needs the support of like-minded readers like you to help us survive editorially and financially.
Whether you live in India or India lives inside you, help us continue to produce quality journalism with your contribution.
CONTRIBUTE